Financial Operations Manager
17 hours ago
**Financial Operations Manager**
We are seeking an experienced Financial Operations Manager to join our client's team at Sanderson Recruitment. As a key member of the finance department, you will be responsible for managing the company's financial systems and processes, ensuring smooth day-to-day operations.
Key Responsibilities- Manage the day-to-day running of financial systems and processes, working closely with all departments.
- Build strong relationships with internal staff, suppliers, subcontractors, and clients.
- Oversee the full financial cycle, providing key financial information to assist with tendering, setting up accounts, monitoring PO numbers, invoicing, and payment.
- Report directly to the Chief Financial Officer (CFO), receiving strategic guidance and support from external accountants.
- Manage daily finance functions and identify the need for additional resources as the company grows, training and managing a finance team.
- Liaise with internal departments to create invoice expectations for clients and subcontractors.
- Ensure all invoices/payments are fully reconciled on Xero daily for real-time reporting to the CFO.
- Analyse current expenditure and provide key information for budget setting.
- Produce cost reports for R&D claims.
- Monitor client accounts to ensure invoicing is within issued PO numbers.
- Assist the CFO with financial presentations at monthly board meetings.
- Provide ad-hoc financial reports for tendering.
- Run monthly payroll for 30 permanent, salaried staff, including HMRC, PAYE submissions and reporting.
- Issue payslips and handle payroll queries.
- Calculate and issue P11Ds, P60s, and P45s with relevant HMRC submissions.
- Administer sick pay and approve expense claims in line with the company expenses policy.
- Ensure accurate client setup and maintain up-to-date information.
- Request PO numbers for new orders, track them internally, and resolve issues.
- Prepare and send monthly invoices.
- Reconcile client payments on Xero and send payment reminders.
- Resolve invoicing queries and escalate unresolved issues.
- Ensure accurate supplier setup and complete necessary documentation.
- Check supplier invoices for VAT compliance and resolve discrepancies.
- Post invoices to Xero and ensure correct account application.
- Prepare quarterly VAT returns for external accountant approval.
- Work with external accountants to provide necessary information for statutory accounts preparation.
**About the Role**
This is an exciting opportunity for a skilled Financial Operations Manager to join our client's team at Sanderson Recruitment. As a key member of the finance department, you will play a pivotal role in managing the company's financial systems and processes, ensuring smooth day-to-day operations.
**Requirements**
We are looking for a highly skilled and experienced Financial Operations Manager to join our client's team. The ideal candidate will have a strong background in financial management, with experience in managing financial systems and processes.
**What We Offer**
We offer a competitive salary and benefits package, as well as opportunities for professional development and growth.
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